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(SHANTI_BE) Shanti Overseas complete technical analysis [charts+indicators] | Buy/Sell Shanti Overseas | (SHANTI_BE) share price targets

Complete technical analysis of Shanti Overseas (SHANTI_BE) by charts plus indicators, forecast predictions and share price targets for Shanti Overseas (SHANTI_BE)

Showing technical analysis as on 2024-02-20 View latest technical analysis

10 day averaged volume of Shanti Overseas is 19791

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	29.75	31.00	32.00	29.40	3.987 times
19 Mon Feb 2024	30.95	31.95	33.40	30.80	4.767 times
12 Mon Sep 2022	22.05	22.10	22.70	21.90	0.35 times
09 Fri Sep 2022	22.05	21.65	22.60	21.50	0.912 times
08 Thu Sep 2022	22.50	23.70	24.45	22.45	1.885 times
07 Wed Sep 2022	23.60	24.45	24.45	23.50	0.306 times
06 Tue Sep 2022	24.05	23.70	24.40	23.70	0.129 times
05 Mon Sep 2022	23.85	24.30	24.30	23.30	0.369 times
02 Fri Sep 2022	23.80	23.95	23.95	22.60	0.45 times
01 Thu Sep 2022	23.30	23.90	23.90	22.25	0.187 times

Stock of Shanti Overseas (SHANTI_BE) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 28.9, for a target of 26.2 or 23.94

Share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Target	21.35
Downside Target	22.70
Downside Target	24.35
Downside Target	26.50
Downside Target	29.40
Upside Target	30.00
Upside Target	32.70
Upside Target	33.40
Upside Target	35.50

Intraday share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Intraday Target	28.3
Downside Intraday Target	26.85
Upside Intraday Target	32.3
Upside Intraday Target	34.85
Upside Intraday Target	30.85

Weekly technical analysis of Shanti Overseas (SHANTI_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	29.75	31.95	33.40	29.40	25.029 times
12 Mon Sep 2022	22.05	22.10	22.70	21.90	0.097 times
09 Fri Sep 2022	22.05	24.30	24.45	21.50	1.49 times
02 Fri Sep 2022	23.80	24.35	24.35	22.25	0.85 times
26 Fri Aug 2022	24.35	22.75	24.85	22.25	0.425 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shanti Overseas (SHANTI_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	29.75	31.95	33.40	29.40	1.908 times
12 Mon Sep 2022	22.05	23.90	24.45	21.50	0.23 times
30 Tue Aug 2022	23.20	24.05	26.50	21.35	0.892 times
29 Fri Jul 2022	24.95	31.90	32.70	22.90	4.083 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shanti Overseas (SHANTI_BE)

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shanti Overseas stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shanti Overseas in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shanti Overseas Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shanti Overseas in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shanti Overseas is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.78 and Shanti Overseas (SHANTI_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Shanti Overseas (SHANTI_BE) stock. Volume based technical analysis of Shanti Overseas (SHANTI_BE) stock is negative.

Shanti Overseas Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.